Mondi Plc Uns (OTCMKTS:MONDY) Short Interest Down 43.2% in July

Mondi Plc Uns (OTCMKTS:MONDY) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 11,752 shares, a decline of 43.2% from the June 30th total of 20,679 shares. Based on an average daily volume of 52,304 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Mondi Plc Uns Stock Performance

Shares of OTCMKTS MONDY traded up $2.73 during trading on Thursday, reaching $23.70. 19,888 shares of the stock traded hands, compared to its average volume of 70,786. Mondi Plc Uns has a 52-week low of $17.87 and a 52-week high of $29.57. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 0.49. The company has a 50-day moving average of $19.48 and a 200-day moving average of $21.85.

Analyst Ratings Changes

Separately, UBS Group downgraded Mondi Plc Uns from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.

About Mondi Plc Uns

Mondi Plc is an integrated packaging and paper group that specializes in sustainable solutions across a broad range of industries. The company’s core activities include the production of containerboard, corrugated packaging, flexible packaging, and uncoated fine paper. Mondi’s product portfolio serves sectors such as food and beverage, consumer goods, industrial applications and e-commerce, helping customers optimize their packaging designs for performance and environmental impact.

Headquartered in Weybridge, United Kingdom, Mondi has its roots in South Africa and traces its modern corporate structure back to a demerger from Anglo American plc in 2007.